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Swimming Pool Changes – Are You Selling, Buying or Leasing? Beware the hype!

Strata, Conveyancing

Posted 27 April 2016

Changes to the Swimming Pools Act 1992 and regulations come into force on 29 April 2016 and will have a direct impact on the sale, purchase or lease of properties with a swimming pool or outdoor spa. …

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Strata Managers – New options for owners

Strata, Strata Reform

Posted 01 March 2016

The new strata laws that commenced on 30 November 2016 have made significant changes to the appointment and role of strata managing agents. Investment property owners also need to be aware of the chan…

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Will the new reform mean that Owners Corporations will now raise money to match their 10-Year Sinking Fund Plan?

Strata, Strata Reform

Posted 22 February 2016

Under the current legislation there is a requirement for owners corporations “to take into account” the 10 year sinking fund plan. Many schemes do not comply with this obligation in good faith wit…

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Strata Law Reform: Impacts on Strata Manager Agreements

Strata, Management Agreements, Strata Reform

Posted 22 February 2016

The new strata laws have made significant changes to the appointment and role of strata managing agents.…

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So what happens if the owners corporation does not fix the building? Is the 2015 Strata Reform going to assist?

Strata, Building Defects, Strata Reform

Posted 15 February 2016

Many owners face problems with strata schemes failing to repair and maintain the common property. These problems include: Loss of rent; Property damage to their lot property items; Relocation …

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So what does the Strata Reform mean for Developers of New Strata Buildings?

Strata, Strata Reform

Posted 19 February 2016

There are a lot of changes and many affecting developers, such as: When registering a strata plan the unit entitlement will need to be made in accordance with a registered valuation. When the sche…

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Cannot get Home Warranty Insurance – What can you do?

Strata, Building Defects, Renovations, Home Owners Warranty, Residential Building Works

Posted 16 February 2016

Anecdotally, we understand that SiCorp trading as the Home Building Compensation Fund (HBCF), the insurer who administers and underwrites insurance under the HBCF (formerly known as Home Owners Warran…

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NSW Strata By-Laws – What investment property owners need to know

Strata, By-Laws

Posted 10 February 2016

The new strata laws will make a number of significant changes to the making and enforcement of by-laws. The commencement date is 30 November 2016 and investment property owners need to be getting read…

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